![Peso fall_0122](https://firstmetro.com.ph/wp-content/uploads/2024/01/Peso-fall_0122.jpg)
- The Philippine peso weakened for a second day and the domestic share market advanced.
- USD/PHP rises 0.2% to 56.1000 as of 9:35 a.m. Manila time; Bloomberg dollar spot index little changed
** Most major Asian currencies up versus dollar on day; the Bloomberg Asia Dollar index rises 0.1% to 91.71
** USD/PHP one-month implied volatility is at 6.235%, up from 5.9725% on Friday
** USD/PHP 200-DMA currently around 55.842; 100-DMA 56.217; 50-DMA 55.692 - The Philippines’ 10-year bond yield was little changed at 6.22% on Friday
- The PSEi Index of shares rises 0.7% to 6,548.31 on the day; poised to break a 4-day losing streak
** Global investors sold a net $14.3 million of Philippine stocks on Friday, according to exchange data